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Jun 23, 2017
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let's get back to european council president donald tusk pay of the european council is -- president donald tusk. the council represents the 27 heads of state. that counsel. the french president, emmanuel macron, currently speaking. i believe he will head to that news conference in a moment. for we get there, let's get back to the headline. the president of the european council, donald tusk, saying offers belowtizens our expectations. you also see the head of the ,ommission, jean-claude juncker also speaking. we are bringing you these headlines from europe. we are awaiting german chancellor angela merkel to speak shortly. we also expect u.k. prime minister theresa made to speak. let's listen in to emmanuel macron. pres. macron: it is more than a symbol. it is work ethic and the willingness to work together. as a matter of fact, this goes back to our legacy. in a couple of days, we will of chancelloreral helmut kohl. conference ist even more important given that council spoke about different issues. on each of those with the same conviction or belief -- europe is our best protection a
let's get back to european council president donald tusk pay of the european council is -- president donald tusk. the council represents the 27 heads of state. that counsel. the french president, emmanuel macron, currently speaking. i believe he will head to that news conference in a moment. for we get there, let's get back to the headline. the president of the european council, donald tusk, saying offers belowtizens our expectations. you also see the head of the ,ommission, jean-claude juncker...
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Jun 23, 2017
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there were some comments earlier sayingrom donald tusk this is not as far as the european council, which he leads, that he wants to u.k. to go. there will be back and forth there. but theresa may has laid out a principle that no one should be forced to leave. youa: paul, i want to ask about the bank of england. we have a dovish economy followed by a hawkish one it seems like the net affect has been a backup and yield gilts. but repricing of racing at the end of this week in terms of the gilts markets? the thing with gilts is that they had outperformed in terms of global bonds. will that continue? paul: there are a couple of different things that counts, i guess. in terms of overall performance of the market is the back end has held a particularly well, but that is for the domestic bids come from. they held the gilt market. thehe front end, we have u.k. two-year yield, the highest since november, showing the sterling market and the money market, where people put their bets on what the banking industry will do. i think there was only one or two analysts that of come out that the bank of en
there were some comments earlier sayingrom donald tusk this is not as far as the european council, which he leads, that he wants to u.k. to go. there will be back and forth there. but theresa may has laid out a principle that no one should be forced to leave. youa: paul, i want to ask about the bank of england. we have a dovish economy followed by a hawkish one it seems like the net affect has been a backup and yield gilts. but repricing of racing at the end of this week in terms of the gilts...
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Jun 2, 2017
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premier will continue talks of european council president and european commission president jean-claude juncker in brussels latest, obtained by bloomberg, li recognized the importance in recognizing free-trade. it's due to take place of 11:15 a.m. u.k. time. germany corbyn has pledged to create more than one million quality jobs if his party wins next week's election. the plan would see a creation of a national investment bank to leverage finances. according to labor, that, coupled with regional development bank, will help create the new jobs. at least 36 bodies have been found in a casino in manila after a shooting incident by a loan goodman. courting to the bbc, local , most seem to have suffocated after the fire took place. the suspect killed himself. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. you can find more stories at the bloomberg app. let's check in on the markets here. mood, leadingbeat the charge on both the nikkei. upso like the likes of cautioning some here given that the nikkei is at the 20,000 level. sayingav
premier will continue talks of european council president and european commission president jean-claude juncker in brussels latest, obtained by bloomberg, li recognized the importance in recognizing free-trade. it's due to take place of 11:15 a.m. u.k. time. germany corbyn has pledged to create more than one million quality jobs if his party wins next week's election. the plan would see a creation of a national investment bank to leverage finances. according to labor, that, coupled with...
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Jun 23, 2017
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the european council president says may's proposal is about reducing citizens rights. the prime minister says almost citizens fromion the eu and the u.k. will be able to live there after the breakup. the city's insurance company in $1.5 million to settle a lawsuit filed by the family of michael brown. the financial details were not initially released. brown was an unarmed black 18-year-old who was fatally shot by white officer darren wilson in august 2014. wilson was cleared of wrongdoing, and resign in november 2014. global news, 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. i am mark crumpton, this is bloomberg. scarlet? scarlet: thanks, mark. what david rubenstein told bloomberg about trump's agenda and the broader u.s. economy. his user next. from new york, this is bloomberg. ♪ ♪ julia: this is bloomberg markets, i'm julia chatterley. scarlet: and i'm scarlet fu. julia: a busy week. we heard from cleveland fed rate ist, who said the not being raised to slow down the economy, and bollard says he scenes -- sees no reaso
the european council president says may's proposal is about reducing citizens rights. the prime minister says almost citizens fromion the eu and the u.k. will be able to live there after the breakup. the city's insurance company in $1.5 million to settle a lawsuit filed by the family of michael brown. the financial details were not initially released. brown was an unarmed black 18-year-old who was fatally shot by white officer darren wilson in august 2014. wilson was cleared of wrongdoing, and...
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Jun 23, 2017
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the european council president donald tusk announced at the end of the day in brussels that in fact the eu had on day one decided to extend it sanctions against russia due to the annexation of crimea. it is clear that the eu is watching and dealing with a lot of issues. it surely isn't just about , but for investors, markets, and the u.k., maybe >> it is what it is all about right now. -- maybe brexit is what it is all about right now. >> the boj having a tough time boosting wages. let's bring in our economy reporter from tokyo. to theit comes down young japanese population because we are seeing some of the best job prospects in a generation, yet they are not taking a lot of risk and switching jobs. >> that's right. japanese in general are often more risk-averse than other countries, but the young generation especially has grown up during really lackluster growth and experiencing inflation, so there is this heightened sense of caution. there is a duality in the japanese labor market where you have regular workers who get good hey and good benefits and then you have workers who don't get
the european council president donald tusk announced at the end of the day in brussels that in fact the eu had on day one decided to extend it sanctions against russia due to the annexation of crimea. it is clear that the eu is watching and dealing with a lot of issues. it surely isn't just about , but for investors, markets, and the u.k., maybe >> it is what it is all about right now. -- maybe brexit is what it is all about right now. >> the boj having a tough time boosting wages....
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Jun 2, 2017
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chinese premier li keqiang will continue talks with the european council president and european commission president in brussels later. a statement obtained by bloomberg shows the two sides want to recognize the importance of developing global free trade and investment. a signing ceremony is due to take place at 11:15 a.m. u.k. time. jeremy corbyn has pledged to create more than a million good quality jobs across britain if his party wins next week's election. the plan would see the creation of a national investment bank to invest 250 billion pounds in infrastructure over 10 years. according to labour, that coupled with regional development banks will have create the new jobs. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. i nejra cehic. this is bloomberg. francine: thank you so much. the business community has hit out at donald trump's decision to ditch the virus climate accord. the president made the announcement yesterday, saying the agreement favors other nations at the expense of american workers. >> the paris accord would und
chinese premier li keqiang will continue talks with the european council president and european commission president in brussels later. a statement obtained by bloomberg shows the two sides want to recognize the importance of developing global free trade and investment. a signing ceremony is due to take place at 11:15 a.m. u.k. time. jeremy corbyn has pledged to create more than a million good quality jobs across britain if his party wins next week's election. the plan would see the creation of...
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Jun 9, 2017
06/17
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rishaad: the president of the european council donald tusk came out saying article 50 could be revoked. there is a bit of debate whether it can or can't. indeed maybe i am jumping the gun because the two major parties have accepted the results of that referendum, so it is dependent on whether there is a change in terms. this certainly does not by time buy time for the next government. see anysonally don't backpedaling and the u.k. come except maybe on the terms of brexit. the liberal democrats and the we haved have to -- snp to win by a landslide for that to happen. the terms of the negotiations might change, but brexit itself, there were not be a revocation of article 50. rishaad: rishaad: how how badly damaged is theresa may? is she wounded? long time ina politics, so anything could happen. anything could happen to her fortunes in the next months or years. we have seen politicians marginalize make comebacks. may may come back herself, but that is hard to predict at this stage. popularity has taken a beard didn't and it is unlikely she will remain leader or if the conservative party d
rishaad: the president of the european council donald tusk came out saying article 50 could be revoked. there is a bit of debate whether it can or can't. indeed maybe i am jumping the gun because the two major parties have accepted the results of that referendum, so it is dependent on whether there is a change in terms. this certainly does not by time buy time for the next government. see anysonally don't backpedaling and the u.k. come except maybe on the terms of brexit. the liberal democrats...
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Jun 22, 2017
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listen to european -- listen to the european council president giving the u.k. maybe one more chance to come back to the fold. >> some of my british friends have asked me whether brexit could be reversed. and whether i could imagine that outcome, where the u.k. stays part of the e.u. i told them that, in fact, the european union was built on dreams that seemed impossible to achieve. so, who knows? you may say i am a dreamer, but only one.he britainoting a famous there. the dutch prime minister said, listen, everybody has this ring, but basically saying it is not a reality. what we need to aim for is to try to get the u.k. to remain a part of the single market. the question is, how difficult will that be? jonathan: how difficult will that be? let's talk about what will be discussed later today, the you k's proposal -- the u.k.'s proposal here is how contentious is that issue already echo matt: it seems most impossible, frankly. the e.u. has said they will not accept anything less than the free movement of people if iftten wants complete -- britain wants complete
listen to european -- listen to the european council president giving the u.k. maybe one more chance to come back to the fold. >> some of my british friends have asked me whether brexit could be reversed. and whether i could imagine that outcome, where the u.k. stays part of the e.u. i told them that, in fact, the european union was built on dreams that seemed impossible to achieve. so, who knows? you may say i am a dreamer, but only one.he britainoting a famous there. the dutch prime...
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Jun 12, 2017
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in brussels, when you look at the teams from the european commission and the council from the european union, they might think she will topple any time, so what kind of authority will she bring to the table? rishaad: what does it mean then for another election? will there be another poll? on top of that, isn't there going to be electoral fatigue? >> yes, and that is an important phenomenon. the next parliamentary election is not scheduled until 2022. i don't think this will happen. i think we will see another in a year or two, or even sooner. because to solve this problem, i fresh mandate will have to be taken from the people. you mentioned the electoral fatigue phenomenon and this is important because britain has traditionally had very stable electoral cycles and now we have moved off that. we have the scottish referendum, the european referendum, the brexit referendum. this year we had a new general election. this tears at the political fabric of political parties in general in britain. we have been trying to work out exactly what happened. i'm sure theresa may and her colleagues are
in brussels, when you look at the teams from the european commission and the council from the european union, they might think she will topple any time, so what kind of authority will she bring to the table? rishaad: what does it mean then for another election? will there be another poll? on top of that, isn't there going to be electoral fatigue? >> yes, and that is an important phenomenon. the next parliamentary election is not scheduled until 2022. i don't think this will happen. i...
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Jun 19, 2017
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taylor: one member of the european central banks governing council calls the start of brexit talks a sad day. he spoke to bloomberg tv in brussels. andt is a very unfortunate i would say the impact is much more important for the u.k. in the euro area. decades, the european union has about convergence. now, it is negotiating about disintegration. that is your bloomberg business flash. waiting.t now we are at some point we expect a conversation or statement by prime minister theresa may. she -- it has been an eventful 24 hours after this tragedy. she is in a cobra meeting now. meeting we are told right now. we expect to hear from prime minister theresa may in a bit. we always expect to hear in washington from kevin. did the president survived camp david? kevin: he did. the question continues. the political the 10th now including members of his legal team that in a back-and-forth about whether or not the president is under investigation. the president tweeting that he is under investigation for firing james comey, the now former fbi director. it seems like his legal team does not know w
taylor: one member of the european central banks governing council calls the start of brexit talks a sad day. he spoke to bloomberg tv in brussels. andt is a very unfortunate i would say the impact is much more important for the u.k. in the euro area. decades, the european union has about convergence. now, it is negotiating about disintegration. that is your bloomberg business flash. waiting.t now we are at some point we expect a conversation or statement by prime minister theresa may. she --...
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Jun 28, 2017
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central bank council alix: today. on john's question, andrew, if you look at this terminal, it highlights what john was talking about. eurozoneline is the and the white line is the u.s., the u.s. having lose your financial conditions than the euro zone in part because the transmission affects will be so strong. does this mean the fed will have more room to tighten when all is said and done? hearare starting to some fed officials pick up on that, the new york fed president talking about the easing financial conditions in the u.s. providing more stimulus now. our conditions are more accommodated. even given current settings of levels. what we heard from draghi is the fed is also looking at conditions on the financial side and saying maybe that does leave more of an avenue, more of a cushion to raise rates and not have a negative effect on the economy. jonathan: there is always a risk you could take too much away from market action, but have we learned in the last couple of days that if the fed would like to see a steve
central bank council alix: today. on john's question, andrew, if you look at this terminal, it highlights what john was talking about. eurozoneline is the and the white line is the u.s., the u.s. having lose your financial conditions than the euro zone in part because the transmission affects will be so strong. does this mean the fed will have more room to tighten when all is said and done? hearare starting to some fed officials pick up on that, the new york fed president talking about the...
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Jun 1, 2017
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leave is leading corporate backing for the accord and said he will resign from white house advisor council if the u.s. abandons it. china and the european union plans to commit to free trade and the paris climate pact in a sweeping rejection of donald trump's protectionist policies. the two sides up. the document to give additional heft to eu-china talks including the chinese are mere today and tomorrow in brussels. angela merkel suggested the u.s. had become an unreliable partner. fired u.s. national security advisor michael flynn and donald longtime personal lawyer has been subpoenaed by the house intelligence committee. the panel is investigating russian efforts to influence the u.s. election as well as leaks of classified information and reports that identities of trump associates captured in spy intercepts may have been improperly unmasked. the u.k. prime ministers decision to skip a televised election debate threatens to rebound on her as other party leaders say she is unfit to lead. may decided to stick to her decision not to take are given the labor party leader jeremy corbyn annou
leave is leading corporate backing for the accord and said he will resign from white house advisor council if the u.s. abandons it. china and the european union plans to commit to free trade and the paris climate pact in a sweeping rejection of donald trump's protectionist policies. the two sides up. the document to give additional heft to eu-china talks including the chinese are mere today and tomorrow in brussels. angela merkel suggested the u.s. had become an unreliable partner. fired u.s....
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Jun 23, 2017
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nomura has picked frankfurt as its european headquarters. it will transfer 100 people from london. nomura it employs 3000 people in london. bed bath and beyond , a surpriseer hours decline in same-store sales, down 2% for the first quarter. it had been predicting a small gain. profit also falling shy of projections. the company has also been spreading -- spending more on shipping, coupons, and advertising. the's get back to 50th wharton global form in hong kong, where betty liu is joined by the head of one of the world's largest private equity outfits, carlyle group. >> that's right. i'm here with david rubenstein, the cofounder of the carlyle group and host of the david rubenstein show on bloomberg. >> it is a modestly named show. >> you are here 24 hours. >> that's right. >> that is a very short trip. that doesn't signal the small opportunities. you are here quite often. >> i typically come here 6-8 times a year. billion ofested $17 equity since 1997 in 210 transactions. world's 60% of the population and 30% of gdp, so this is where most of the growth in the world will be. >> you
nomura has picked frankfurt as its european headquarters. it will transfer 100 people from london. nomura it employs 3000 people in london. bed bath and beyond , a surpriseer hours decline in same-store sales, down 2% for the first quarter. it had been predicting a small gain. profit also falling shy of projections. the company has also been spreading -- spending more on shipping, coupons, and advertising. the's get back to 50th wharton global form in hong kong, where betty liu is joined by the...
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Jun 6, 2017
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the ries ved to leave the european union. johnson will say only may can get this right. meanwhile gerry corbyn for short his support and working-class areas. the u.s. is threatening to quit the united nations human rights council, unless the body institutes a series of reforms in substance singling out israel for criticism. this according to u.s. ambassador nikki haley. the trump administration, which has proposed reducing u.s. coming to the u.n., since council shields repressive regimes such as venezuela and iran from scrutiny. secretary of state rex tillerson warned in march that the u.s. will leave the human rights council if the organization does not make changes. george and amal clooney welcome twins. their publicist stan rosenfeld says, l and alexander cooney were born at a london hospital this morning and are happy and healthy. the couple married in 2014, these are the first children from both,. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. i'm mark crumpton, this is bloomberg. david? david: mark, thank y
the ries ved to leave the european union. johnson will say only may can get this right. meanwhile gerry corbyn for short his support and working-class areas. the u.s. is threatening to quit the united nations human rights council, unless the body institutes a series of reforms in substance singling out israel for criticism. this according to u.s. ambassador nikki haley. the trump administration, which has proposed reducing u.s. coming to the u.n., since council shields repressive regimes such...
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Jun 1, 2017
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disney ceo bob iger is another to resign from the president's council. abandoningberg said paris is bad for the u.s. economy. china and the european union say they will redouble their efforts on climate change, underscoring the isolation of the u.s. under president trump. inmier li keqiang spoke brussels where the two sides will affirm their support for the paris accord. and, the rejection of u.s. protectionism. said climate change is a global issue and china was one of the first to ratify the 2015 paris agreement. indian prime minister narendra modi has taken his campaign to russia, and meeting president putin at the st. petersburg economic forum. they discussed two-way ties and cooperation in areas of defense. modi earlier met chancellor china'so counter increasing influence in asia and beyond. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. i am courtney collins, this is bloomberg. we are counting down to major market opens in the asia-pacific. let's get the latest from adam haigh, who was acr
disney ceo bob iger is another to resign from the president's council. abandoningberg said paris is bad for the u.s. economy. china and the european union say they will redouble their efforts on climate change, underscoring the isolation of the u.s. under president trump. inmier li keqiang spoke brussels where the two sides will affirm their support for the paris accord. and, the rejection of u.s. protectionism. said climate change is a global issue and china was one of the first to ratify the...
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Jun 23, 2017
06/17
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proposal, the european commission is going to talk about this over many months and then in november, donald tusk has said the council will vote on where to move certain like they bodies, clearing regular, the medicines authority, a lot of these regulatory bodies they want to move possibly into the you -- eu or maybe put somewhere else. anna: this story will run and run, we have heard high-level voices weighing in on the topic. where you are, all of the conversation was around the rights of you citizens after brexit. what is theresa may offering to the 3 million who live in the u.k.? she is offering for eu 27 citizens living in the u.k. now is that if you have been there for five years, you can automatically get the right to things like health care and things like pensions. if you haven't lived there for five years yet, before the cutoff date -- we don't know what the cutoff date is, it will be sometime in those two years of brexit negotiations, then you will be able to continue to stay in the u.k., clock up here five years and apply for those rights in a more digital, less pure cradd
proposal, the european commission is going to talk about this over many months and then in november, donald tusk has said the council will vote on where to move certain like they bodies, clearing regular, the medicines authority, a lot of these regulatory bodies they want to move possibly into the you -- eu or maybe put somewhere else. anna: this story will run and run, we have heard high-level voices weighing in on the topic. where you are, all of the conversation was around the rights of you...
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Jun 26, 2017
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this was a significant step forward and we will continue to work together with our european partners to combat this evil, to defend values, and keep our citizens safe. onning to other issues, migration the council recommitted to the copperheads of approach that the u.k. has advocated, dealing with the drivers of migration while doing more to stand - -stem flow. at this summit, i confirmed a commitment of 75 million pounds to meet urgent humanitarian needs in the essential mediterranean, while also facilitating voluntary returns of migrants making the journey. on trade, as the u.k. lead to the european union we will be forging trade deals around the world with old friends and new allies alike, but this will not undermine the eu's trade agenda. it is not even in competition with it. as long as we remain part of the eu, we will continue to press for an ambitious trade agenda but can deliver jobs and growth across the continent. that is what i did at the council where there was a focus on the work toward it deals with japan, mexico and south america countries. and on climate change, the
this was a significant step forward and we will continue to work together with our european partners to combat this evil, to defend values, and keep our citizens safe. onning to other issues, migration the council recommitted to the copperheads of approach that the u.k. has advocated, dealing with the drivers of migration while doing more to stand - -stem flow. at this summit, i confirmed a commitment of 75 million pounds to meet urgent humanitarian needs in the essential mediterranean, while...
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Jun 19, 2017
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theresa may called a meeting for the security council. we will keep you updated. this is bloomberg. ♪ matt: welcome back to bloomberg markets the european open. i am matt miller. guy johnson reports on the paris air show. let's check in on the markets. we have gains across the board in the major equity indexes. the stoxx 600 is up eight tenths of a percent as is the ftse and the dax. , that actually opened with lower gates, is now the strongest, a gain of more than 1%. britain year after voted to leave the european union come up talks will finally begin in brussels today at 10:00 a.m. u.k. time. davis described it as the most complicated of all-time. following theresa may's election disaster, it fueled doubt within her conservative party about the kind of brexit it should seek. we are joined now. we had a lot of debate with what kind of brexit we will see. what the u.k. boat meant. with theter brexit now weekend u.k. negotiating position? guest: i do think there is a weakened negotiating position. we could get a softer brexit. but we don't have much time left fo
theresa may called a meeting for the security council. we will keep you updated. this is bloomberg. ♪ matt: welcome back to bloomberg markets the european open. i am matt miller. guy johnson reports on the paris air show. let's check in on the markets. we have gains across the board in the major equity indexes. the stoxx 600 is up eight tenths of a percent as is the ftse and the dax. , that actually opened with lower gates, is now the strongest, a gain of more than 1%. britain year after...